Assistant Manager

Summary

Department - FCC, LCPA, Mumbai

Location - Mumbai

Job Title - Assistant Manager

Reports to - Deputy Manager - Risk and Compliance

Span of Control - Nil

Role Description:
To understand the Sanctions policies and procedures of MMC and able to conduct the due diligence on Alerts

Role Requirements

• Must be able to understand the Sanctions risk and conduct the assessment based on the internal and external guidelines .
• To understand and perform due diligence i.e, adverse media assessment , PEP assessment , Bribery and Corruption assessment in accordance with the set criteria as part of the MMC Policies and Procedures
• To provide advice ,guidance and support to relevant stakeholders on compliance/regulatory requirements
• Maintaining working knowledge of relevant regulatory requirements and ensure that business activities are aligned to company compliance policy and procedures
• To understand the exceptional requirements and seek relevant sign offs where required from LCPA colleagues and escalate potential sanction alerts
• Post achieving competency, mentor and guide other analysts in the team and assist in communicating any process updates or changes.

Technical Skills

• To have a fair understanding of the Financial Crime Compliance laws, Anti Bribery Corruption and Sanction requirements . Able to perform risk assessment on client due diligence requirements as per the requirements.
• Ability to conduct Peer reviews on the alerts closed by Team members.
• Ability to research and summarise appropriate information
• Ability to mentor and guide other team members.
• Ability to Innovative pro-activity in process development / improvements.
• Strong Computer knowledge , excellent MS word , excel and PowerPoint skills

General Skills

• Demonstrate excellent verbal and written communication skills
• Responsive and enthusiastic and able to work under tight deadlines
• Ability to multitask effortlessly and manage competing priorities under demanding deadlines
• Must be self motivated , dependable , adaptable and detail oriented with the proven ability to work independently or with in Team environment

Preferred candidate profile

Prior Experience

• 5 years or more of relevant experience in BFSI or Insurance sector in the field of Sanctions Compliance / Sanctions Operations.
• Experience of Insurance / Reinsurance and including broking environment.
• Ability to systematically manage, retrieve and present data.
• Experience in working with regulatory bodies or on a regulatory project will be an added advantage

Education/ Qualification

• Graduate from a recognized University with good academic record.
• May have further professional qualifications in Risk Management and / or Financial Crime/Money Laundering and / or Compliance and / or Legal.